2006-06-20 02:10:43 · 3 answers · asked by Anonymous in Social Science ➔ Anthropology
depend on what kind of risk taking. Gambling your paycheck in casino would make one broke.
Gambling to open a business could make life better. ex:
founders of Microsoft, Dell, Walmart, and others.
2006-06-20 17:18:39 · answer #1 · answered by sharpshooter 5 · 2⤊ 1⤋
Risk threshold is how much risk you can bear (financially and emotionally) to achieve a target rate of return. The greater the rate of return you seek, the likelier you will encounter some major bumps along the road. If you can't take air pockets, don't fly, and if you can't take losses, buy t-bills (risk free short term government debt obligations). Hazarding a loss of some magnitude to have an opportunity to gain is what risk is about.
2006-06-20 12:29:03 · answer #2 · answered by Blah 7 · 0⤊ 0⤋
No! it means that we will have many more regrets than those of you that are not risk takers. Unfortunately, you are or you're not. It is who we are, even if we try to change, it is difficult.
2006-06-20 15:46:34 · answer #3 · answered by peaches 4 · 0⤊ 0⤋